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In the first half of this two-part article, we discussed how the vast majority of invoices are still paper-based. This is a significant problem for the average enterprise, and not only from the perspective of paper taking much longer to process than an electronic invoice. The reality of manual invoicing is that, as a result of [...]

Enterprises around the world want to maximize working capital for a variety of reasons, not least of which includes freeing up cash from operations in order to hire new employees, pay down debt, expand into new markets, or even to provide better returns to shareholders via dividends and stock repurchases. Working capital management is thus [...]